Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-09-29 19.659335 22.435647 25.466975 29.023092 33.081752 37.571083 42.915845
2024-10-06 16.533973 20.333468 24.800613 30.443131 37.386038 45.658093 56.275886
2024-10-13 13.729316 18.065194 23.515934 30.878084 40.576990 52.940022 69.934604
2024-10-20 11.148893 15.628348 21.623948 30.247756 42.361373 58.814996 82.941941
2024-10-27 9.278575 13.807856 20.240120 30.059703 44.717456 65.863239 98.834358
2024-11-03 8.111795 12.778637 19.790973 31.122101 49.047346 76.440499 121.740806
2024-11-10 7.222378 12.011100 19.603772 32.556191 54.214379 89.185694 150.369279
2024-11-17 6.276723 10.989140 18.851708 32.973983 57.867542 100.226885 178.427627
2024-11-24 5.262391 9.672977 17.396169 31.963422 58.960612 107.247090 201.069768
2024-12-01 4.427630 8.524764 16.036885 30.882725 59.744145 113.882390 224.353962
2024-12-08 3.854956 7.759355 15.240910 30.703639 62.177958 123.983339 256.188916
2024-12-15 3.427294 7.198756 14.737844 31.004397 65.610088 136.623785 295.584768
2024-12-22 3.037783 6.661669 14.222681 31.263636 69.177971 150.538084 341.265077
2024-12-29 2.784041 6.366796 14.160188 32.487651 75.086150 170.575633 404.761853
2025-01-05 2.484030 5.914268 13.680807 32.707556 78.832040 186.665172 462.896089
2025-01-12 2.154381 5.331355 12.806035 31.850961 79.923915 196.947386 509.554286
2025-01-19 1.905204 4.893938 12.191552 31.505188 82.202118 210.540906 567.603441
2025-01-26 1.761114 4.692014 12.113134 32.498579 88.102536 234.376920 657.929505
2025-02-02 1.650935 4.557415 12.181354 33.897073 95.386585 263.318413 768.924385
2025-02-09 1.505533 4.300219 11.884093 34.252430 99.911729 285.820714 867.009737
2025-02-16 1.320432 3.896549 11.118078 33.141107 100.055700 296.188337 931.882156
2025-02-23 1.158188 3.527518 10.381804 31.973442 99.811715 305.448040 995.764650
2025-03-02 1.047425 3.290689 9.984038 31.751201 102.431102 323.885102 1093.466693